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Next, hearing examines race ways to prevent Identity Theft by Social Security numbers. Held by two house subcommittees, this is one hour and a half. Good afternoon and welcome to todays hearing on the federal governments use of Social Security numbers. Unfortunately, chairman sam johnson was unable to be here with us today to discuss one of his favorite topics, ending the unnecessary use of Social Security numbers. I know everyone here joins me in wishing chairman johnson a speedy recovery. I would like to welcome chairman heard of the oversight and government reform committees, i. T. Subcommittee at all of the i. T. Subcommittee members joining us in ways and Means Committee hearing room today. Back in 193 ....
Mail, they face an unprecedented financial crisis. Since 2006, mail volume has declined more than 25 or about 60 billion of pieces of mail annually. Theyve lost money for nine straight years. They face mounting longterm financial challenges. They have 54 billion for retiry health care and has exhausted its statutory debt limit and it lacks the funds it needs for critical infructure investmeinv. And a Delivery Fleet think about all the millions and millions of postal boxes that need somebody to come deliver the mail to them. It is a miraculous thing that for less than 50 cents, you can put a stamp on an envelope and a day or two or three days later, its going to show up at another address in the country. It really is truly amazing. But if youre going to purchase new delivery vehicles, youre going to need money and its something that the Postal Service does not have. In the mea ....